Is Expedia Stock a Buy?
The global travel industry has been bludgeoned by COVID-19. This is not a news flash. With the pandemic keeping countless households at home -- either voluntarily or because of shelter-in-place orders -- it's no wonder the online travel agency (OTA) industry reported dismal looking numbers during the second quarter of 2020.
But what may be surprising is that shares of Expedia (NASDAQ: EXPE), as well as shares of larger rival Booking Holdings (NASDAQ: BKNG), have rallied and are currently down less than 10% so far in 2020. With so many people itching for a vacation, it's not hard to imagine why investors have piled into Expedia stock. But before jumping on the bandwagon, consider a few factors.
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Source Fool.com
